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Intraday
Nifty 23 Mar 07
3:30 pm
Again
volatility! Morning opened with a down, went up to
create new high of the day and ended the day down in the
dump!
NIITech
The imporant point
I have made over and over again. Yesterday, NIITech gave
a profit on my initial Buy call (449-455) but later a
second buy call at 447 was met with heavy selling
pushing the price down to 437. I advised a BTST and this
morning the buyers came back in strength, forcing
possibly a short-covering too, pushing the price up to
466.
The morale: PRISM's Buy signals are good for BTST/swing
in case the profit does not realise in intraday trade
for any reason.
M&M
Wipro
PNB
RelCom
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